Rhodes Thomas Wayne 4

What Happened
Thomas Wayne, a director of UFP Industries (UFPI), was granted/acquired a derivative award of 704 shares on May 1, 2026. The filing lists a per-share amount of $85.18, giving the award a notional value of approximately $59,967. This transaction is reported as an acquisition/award (code A) — a compensation-style grant or issuance of shares rather than an open-market purchase.

Key Details

• Transaction date: May 1, 2026; Form 4 filed May 5, 2026 (timely within the 2-business-day window).
• Shares/price/value: 704 shares at $85.18 per share — total ~$59,967.
• Nature: Derivative award — shares are issuable under the grant rather than an immediate open-market stock buy.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 indicates a 1-for-1 ratio; F2 states some shares are issuable following termination of service as a director; F3 notes the total includes 209 shares credited as dividend equivalents from a March 16, 2026 dividend.
• Transaction code: A (award/acquisition).

Context
This is a director compensation-related award (derivative/issuable shares), so it reflects pay/benefit rather than a direct market sentiment signal like an open-market buy or sell. Because some shares are issuable only after termination of service (per F2), the economic and voting rights may be restricted until those conditions are met. The filing appears timely, so no late-reporting flag was indicated.